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Jesse Jackson Jr. and Wife Charged With Federal Crimes

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The Chicago Tribune is reporting that former Rep. Jesse Jackson Jr. has been charged with violating federal law by misusing $750,000 in campaign funds. If convicted of conspiracy to commit wire fraud, mail fraud and false statements, he could face up to five years in prison and a fine of up to $250,000. However, he was charged in a criminal information, which typically suggests that a plea has already been negotiated.

His wife, Sandi Jackson, was charged in an information with one count of filing false tax returns. She faces up to three years in prison, a fine of up to $100,000 and other penalties. Her attorneys released a statement saying she has "reached an agreement with the U.S. attorney’s office to plead guilty to one count of tax fraud."

Jesse Jackson is accused of diverting $750,000 in campaign funds for personal use.

Federal authorities allege that Jesse Jackson used campaign funds to purchase a $43,350 men’s gold-plated Rolex watch, $5,150 worth of fur capes and parkas, and $9,588 in children’s furniture. The purchases were made between 2007 and 2009, according to the criminal information, which authorities noted is not evidence of guilt.

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Read more at the Chicago Tribune.

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